True to his promise, PKR strategy director Rafizi Ramli has dropped the latest bombshell on the RM250 million NFC financial debacle. Two more more super-luxury condos in Singapore's Marina Bay - nearby to the casino and costing RM17 million ach - were bought by Umno minister Shahrizat Jalil's family, according to the PKR leader.
Rafizi also revealed another disturbing trend. He believes that Shahrizat's husband Salleh Ismail, also the NFC chairman, and Wan Shahinur Izran, her son and NFC director, had bought the units using the government-controlled NFC cattle breeding project as carrots to get approval.
“We believe the loans were approved because they control funds of RM250 million, which is lucrative for any bank. Any bank would want RM250 million. They put [the RM250 million] in banks to leverage financing for personal purchases. This is a purchase that must be investigated by police,” Rafizi was reported as telling the press on Wednesday.
2 more condos bought near to S'pore casino: Shahrizats must earn RM500k p/m to afford!
